{"id":114850,"date":"2020-03-11T17:52:21","date_gmt":"2020-03-11T10:52:21","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-interest-rate-cut-mean-for-mortgages-and-savers\/"},"modified":"2020-03-11T18:05:02","modified_gmt":"2020-03-11T11:05:02","slug":"what-does-interest-rate-cut-mean-for-mortgages-and-savers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-interest-rate-cut-mean-for-mortgages-and-savers\/","title":{"rendered":"What does interest rate cut mean for mortgages and savers?"},"content":{"rendered":"


\nThere will be gain for some consumers but pain for others after the Bank of England\u2019s decisionThe emergency 0.5% rate cut by the Bank of England in the midst of the coronavirus outbreak will mean monthly savings for householders with tracker mortgages but more pain for savers as interest paid shrivels again \u2013 and for most borrowers who have fixed-rate mortgages, there is no gain at all. Continue reading…
\n
\nSource : theguardian.com
\nRead more…What does interest rate cut mean for mortgages and savers?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There will be gain for some consumers but pain for others after the Bank of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-114850","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tSq","jetpack-related-posts":[{"id":21386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-good-news-for-mortgages-bad-news-for-savers\/","url_meta":{"origin":114850,"position":0},"title":"Interest rate cut: good news for mortgages, bad news for savers","date":"July 30, 2016","format":false,"excerpt":"\r If the Bank of England cuts rates to 0.25%, it will benefit home-buyers, but once again savings will be hitThose with large tracker mortgages can prepare to break out the prosecco. If you rely on savings income, it\u2019s more brown ale for you \u2013 or even water.Next week the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers\/","url_meta":{"origin":114850,"position":1},"title":"Bank of England interest rate rise \u2013 what it means for borrowers and savers","date":"December 15, 2022","format":false,"excerpt":"\r Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates \u2013 this time by 0.5 percentage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-interest-rate-rise-will-mean-for-you\/","url_meta":{"origin":114850,"position":2},"title":"What the interest rate rise will mean for you","date":"November 2, 2017","format":false,"excerpt":"\r The Bank of England has increased its base rate after a decade \u2013 here\u2019s how it will affect homeowners and saversThe 0.25% rise in Bank of England base rate to 0.5% may be small, but it marks the first rise in borrowing costs for a decade. Many mortgages will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-uk-interest-rate-rise-mean-for-savers-and-borrowers\/","url_meta":{"origin":114850,"position":3},"title":"What does UK interest rate rise mean for savers and borrowers?","date":"March 17, 2022","format":false,"excerpt":"\r Mortgage holders, house hunters and savers will be affected by the Bank of England raising rate to 0.75%The Bank of England has increased interest rates to 0.75% in an attempt to tackle rising inflation in the UK. That means the base rate is back to its pre-pandemic level. What\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings\/","url_meta":{"origin":114850,"position":4},"title":"What does the Bank of England interest rate cut mean for mortgages and savings?","date":"February 6, 2025","format":false,"excerpt":"\r Decision will lead to lower borrowing costs for those on trackers \u2013 but fixed-rate deals will stay the sameBank cuts interest rates to 4.5% and halves UK growth forecastUnambiguously bleak forecasts pave way for spending cutsBusiness live \u2013 latest updatesThe Bank of England has cut interest rates from 4.75%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-could-mean-for-savers-and-mortgage-holders\/","url_meta":{"origin":114850,"position":5},"title":"UK interest rate rise \u2013 what it could mean for savers and mortgage holders","date":"September 15, 2017","format":false,"excerpt":"\r The Bank of England has hinted the first rate rise in almost a decade is now likely, and soon. So how much will it cost?A member of the Bank of England\u2019s rate-setting committee has fuelled speculation that interest rates could rise as soon as November. Gertjan Vlieghe put forward\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114850"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=114850"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/114850\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=114850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=114850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=114850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}